Hancock Prospecting

Liontown Resources shares drifted to 88.5 cents per share today following an update of its $760 million debt funding package for the Kathleen Valley lithium project.

Diversified miner Mineral Resources says its in-house operations model has allowed it to keep its lithium business profitable and cash flow positive, despite depressed market conditions.

The annual Business News corporate finance survey has highlighted the top advisers in the WA market and the emergence of a new style of strategic investor.

Clive Palmer’s Mineralogy was the nation’s largest political donor last financial year, while a private WA company donated more than $1 million to the group behind the Voice to Parliament referendum’s No campaign.

Gina Rinehart is expected to splurge on her workers as part of her birthday bonus raffle, which is understood to become an annual event.

Chris Ellison-chaired Delta Lithium has provided updates on its Yinnetharra and Mt Ida lithium projects, located in the Gascoyne and Goldfields regions.

The Workforce Gender Equality Agency has published gender pay gap data on more than 400 WA private sector companies, shedding a light on remuneration disparities.

Western Australian artist Johannes Pannekoek has won the $30,000 Hancock Prospecting and Roy Hill Sculpture Award, kicking off the 20th year of Sculpture by the Sea, Cottesloe

Hancock Prospecting has urged Azure Minerals shareholders to back the $1.7 billion takeover offer to “avoid future challenges and uncertainties” amid market volatility.

Shareholders in takeover target and lithium hopeful Azure Minerals have overwhelmingly voted in favour of Hancock Prospecting and SQM’s $1.7 billion offer.

Gina Rinehart’s Hancock Prospecting has amassed a substantial stake in Lynas Rare Earths, cementing its foothold in another major rare earth producer.

Wittenoom’s asbestos tailings would cost $200 million to clean up, according to a buried state government report which also details a preferred remediation method

The annual exhibition has been a feature of the local arts scene for 20 years, attracting thousands of tourists to Perth.

Copper-gold explorer Titan Minerals has inked a joint venture partnership worth more than $185 million with a Hancock Prospecting subsidiary for one of its southern Ecuador projects.

Mark Pownall and Jack McGinn discuss subsidy warnings; WA Labor’s next generation; Hancock’s Lynas stake, tailings clean up, Minderoo job cuts, Macmahon’s move for Decmil and Inpex’s Ichthys decision.

Wittenoom’s asbestos-laced racetrack and airstrip will not be remediated as part of work to bury the town’s contaminated infrastructure

Lower commodity prices have played a role in Lynas Rare Earths revenue taking a hit in the March 2024 quarter, along with news that the cost of its Kalgoorlie processing facility is set to rise.

The Foreign Investment Review Board has given its tick to a move from a joint venture between Gina Rinehart’s Hancock Prospecting and Chilean lithium giant SQM for Azure Minerals.

The state government could be dragged to court by Pilbara traditional owners for failing to clean up Wittenoom’s mountains of deadly asbestos tailings.

SH Mining has completed its $1.7 billion takeover of Australian mineral exploration company Azure Minerals at a price of $3.70 per share.

Hancock Prospecting projects chief executive Sanjiv Manchanda has lashed out at government intervention in the mining industry and called for Nature Positive to be scrapped.

New financial reports show a handful of Aboriginal groups gaining more income from mining royalties but others going backwards, while the sector as a whole remains the poor cousin.

The Business Council of Australia has outlined fresh concerns over the remit of a federal Environmental Protection Agency, after a Bill was introduced to parliament today.

A proposal by Gina Rinehart-backed Senex Energy to develop and run as many as 151 new coal seam gas wells in Queensland was ticked off by the federal government this week.

ASX-listed SRG Global has acquired $225 million worth of contracts across Australia with existing clients.

A Perth Basin gas project jointly owned by Gina Rinehart’s Hancock Energy and John Poynton-chaired Strike Energy has been granted a key state approval.

Shares in West Perth-based gold producer Catalyst Metals closed trade up 23 per cent on Wednesday to $1.41, following news it produced 110,000 ounces of gold during the 2024 financial year.

Gina Rinehart’s Hancock Prospecting and its joint venture partners have put a $5 billion price tag on developing a major magnetite mine in the Yilgarn.

A joint venture between Gina Rinehart’s Hancock Energy and John Poynton-chaired Strike Energy has been granted a gas production licence at the West Erregulla project in the Perth Basin.

ASX-listed partners in an iron ore joint venture 51 per cent owned by Gina Rinehart’s Hancock Prospecting have retracted production forecasts.

Founding Azure Minerals managing director and chief executive Tony Rovira has stepped down from the company, following this year’s acquisition by Hancock Prospecting and SQM.

Gina Rinehart wants an Israel-style iron dome protecting the Pilbara’s multi-billion-dollar resources assets from foreign attacks.

Hancock Prospecting chief executive of operations Gerhard Veldsman has warned of the dangers of resources policy pitfalls, in the context of the company’s magnetite ambitions.

Perth Basin producer Strike Energy has made two new discoveries during drilling at its Erregulla Deep-1 well, intercepting gas at depths never previously encountered in the region.

An unsealed road passing by Wittenoom’s asbestos-laced gorges is costing dearly and asbestos compensation claims are still being lodged.

Gina Rinehart has warned against policies that attack Australia’s “mining golden geese”, after Hancock Prospecting was awarded long awaited approvals for its McPhee iron ore project.

WA Defence Industry Minister Paul Papalia has endorsed the thinking behind Gina Rinehart’s Pilbara ‘iron dome’ concept, as the state pushes for protection of its economic heartland.

Strike Energy chair John Poynton has committed to restoring value in the company’s stock, after an abrupt sell-down triggered by exploration disappointment earlier this year.

The Australian Energy Market Operator has given Strike Energy’s proposed South Erregulla peaking power plant a leg up, granting it credits to contribute to the electricity grid in 2026.

The state’s peak planning body has approved a $145 million gas plant at Gina Rinehart’s Hancock Energy and John Poynton-chaired Strike Energy’s West Erregulla project.

Annual production at Hancock Prospecting’s proposed Mulga Downs iron ore mine in the Pilbara has been cut from 20 million tonnes to 12mt after the miner slashed the project footprint.

Gina Rinehart’s Hancock Prospecting has struck a deal to buy Mineral Resources’ Perth Basin gas assets for up to $1.13 billion and pledged to accelerate their development.

Gina Rinehart’s Hancock Prospecting has netted a bumper $5.57 billion profit after recording one of the highest revenues in the company’s history.

Hancock Prospecting has disclosed how much it stumped up to buy a majority stake in the Bunbury Farmers Market.

Perth company Wright Prospecting has reported another massive profit as its low-key owners reap the benefits of an iron ore royalties deal negotiated more than 50 years ago.

Gina Rinehart’s Hancock Prospecting has grown its stake in Las Vegas-headquartered producer MP Materials, building on the mining magnate’s rare earths portfolio.

An Indian government-backed company which part-owns a $5-billion iron ore project controlled by Hancock Prospecting has been released from ASX purgatory.

Hancock Prospecting will take over some of Mineral Resources' negotiations in the $850 million Lockyer gas project, following the $1.1 billion deal between the companies.

Gina Rinehart has stepped up her calls for Australia to cut regulation and taxes while also borrowing from US president-elect Donald Trump with the pro-oil slogan ‘Drill Baby Drill’.

Strike Energy will build its $137 million South Erregulla gas power plant, but a final call on its West Erregulla joint venture development with Hancock Prospecting has been pushed back.

The state's peak planning body has approved Mineral Resources' $850 million Lockyer gas plant, a project set to be owned by Hancock Prospecting.

The falling iron ore price has had a big impact on WA’s wealthiest.

Hancock Prospecting has completed its $1.13-billion acquisition of two Mineral Resources oil and gas exploration permits.

The near-term supply outlook for Western Australia’s domestic gas market has improved this year, but 2028 looms as a critical juncture in the state’s energy future.

ANALYSIS: As MinRes prepares for a future without its founder, Gina Rinehart's Hancock Prospecting has moved on its gas business and countercyclically acted on an appetite for lithium.

Gina Rinehart-backed Arafura Rare Earths has received an additional $200 million in funding from the federal government towards its Nolans project in the Northern Territory.

Strike Energy has not ruled out asset divestment as part of a strategic review of its operations, while its new management prepares to meet joint venture partner Hancock Prospecting today.

Hancock Prospecting spent $500,000 on donations to arms of the Liberal Party last financial year, in search of a government "more attuned to Australians".

Hancock Prospecting has hit a planning hurdle in its bid to put up a large sign at its West Perth office, with the City of Perth recommending it be refused.

Unionisation of the Pilbara’s iron ore industry could curtail BHP’s plans to invest in new mines, according to the company’s boss, Mike Henry.

Two Western Australian billionaires have applied to install signage on their office buildings but only one was approved by the City of Perth council.

There have been big shifts in the ranking of WA’s largest, and most profitable, private companies over the past year.

Mining magnate Gina Rinehart has set her sights on new exploration ground in Saudi Arabia as the Kingdom looks to lessen its oil dependency.

OPINION: Investors are voting with their wallets with big spending agendas in the Pilbara

The family company established by Pilbara mining pioneer, the late Don Rhodes, has reported another bumper profit as it continues to benefit from very large iron ore royalty payments.

Despite the development hype around green projects, the pipeline of traditional resources developments shows mining is still king.

The Gina Rinehart-led company plans to develop new headquarters in West Perth following its acquisition of multiple sites.

Premier Roger Cook has defended the state’s heritage protections, after a report emerged that Gina Rinehart’s Hancock Prospecting plans to demolish a 120-year-old cottage in West Perth.

Australia’s richest person has blamed a Trump scare campaign by the “left media” for the Coalition's landslide election loss over the weekend.

Pilbara Minerals managing director and chief executive Dale Henderson says the lithium sector should consider how Australia can become more competitive against other global markets.

Shares in local critical minerals stocks soared during trade on Thursday, with shares in Lynas Rare Earths reaching a price not seen in two years.

Australian mining magnate Gina Rinehart is bringing Roy Hill and Atlas Iron under the new banner of Hancock Iron Ore to make the iron ore producers "more productive".

Premier Roger Cook and Treasurer Rita Saffioti have been named the state’s most powerful people, edging out mining magnates Gina Rinehart and Andrew Forrest in the 2025 Power 500.

Rio Tinto and Hancock Prospecting will invest $2.47 billion into the development of the joint venture's Hope Downs iron ore asset in the Pilbara.

Gina Rinehart has lashed net zero as “unobtainable and expensive”, while celebrating Hancock Prospecting and Rio Tinto’s Hope Downs 2 $2.5 billion investment call.

Lynas Rare Earths chief Amanda Lacaze has weighed in on Gina Rinehart’s role in the failed $10 billion mega-merger of her company and MP Materials, which broke down last year.

Kerman Contracting has won a $170 million contract to design and build non-process infrastructure at Rio Tinto’s Hope Downs 2 mine.

The City of Perth has started consultation on a bid by Gina Rinehart to build a helipad, as part of a planned multi-million-dollar development of Hancock Prospecting’s West Perth business hub.

Macmahon Holdings has booked a further $144 million in civil works contracts, including provisions to deliver further upgrades to Marble Bar Road in the East Pilbara.

Australia’s strong showing at the recent 2025 World Aquatics Championships in Singapore has been praised and rewarded by Australia’s wealthiest person, Gina Rinehart.